The price is only a secondary consideration. The focus here is on the INCOME STREAM. Remember, you never sell any shares.

OK, then show me where that 6% growth is coming from. I can't find it.

Understand, I know very little about dividend paying stocks, so mutual funds or ETFs based on dividend stocks are also a bit of a mystery. If I owned the stocks outright, the dividends would be ordinary income, correct? So taxed at my marginal rate. If I own an ETF, the dividends are paid into the fund (not to me), so the value of the fund just goes up. Or do ETFs pay out like normal mutual funds? If they don't pay the dividends out, how do you get the cash without selling some shares of the ETF?

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